Organizational Behavior
OER 2019 Edition
ISBN: 9781947172715
Author: OpenStax
Publisher: OpenStax College
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Chapter 11.2, Problem 1CC
What are the three major types of communication?
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At year-end 2019, Wallace Landscaping’s total assets were $2.30 million, and its accounts payable were $430,000. Sales, which in 2019 were $2.9 million, are expected to increase by 20% in 2020. Total assets and accounts payable are proportional to sales, and that relationship will be maintained. Wallace typically uses no current liabilities other than accounts payable. Common stock amounted to $630,000 in 2019, and retained earnings were $330,000. Wallace has arranged to sell $180,000 of new common stock in 2020 to meet some of its financing needs. The remainder of its financing needs will be met by issuing new long-term debt at the end of 2020. (Because the debt is added at the end of the year, there will be no additional interest expense due to the new debt.) Its net profit margin on sales is 5%, and 50% of earnings will be paid out as dividends.
What was Wallace's total long-term debt in 2019? Round your answer to the nearest dollar.
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Chapter 11 Solutions
Organizational Behavior
Ch. 11.1 - Describe the communication process.Ch. 11.1 - Why is feedback a critical part of the...Ch. 11.1 - What are some things that managers can do to...Ch. 11.2 - What are the three major types of communication?Ch. 11.2 - How can you manage the inflow of electronic...Ch. 11.2 - What are the major influences on organizational...Ch. 11.3 - What are the major roles that managers play in...Ch. 11.3 - Why are negotiations often brought in to...Ch. 11.4 - How are corporate reputations affected by the...Ch. 11.4 - Why is corporate reputation important?
Ch. 11.5 - What are the four components of communication...Ch. 11.5 - Why is it Important to understand your limitations...Ch. 11.5 - Why should managers always strive to improve their...Ch. 11 - Describe the communication process.Ch. 11 - Why is feedback a critical part of the...Ch. 11 - What are some things that managers can do to...Ch. 11 - Compare and contrast the three primary forms of...Ch. 11 - Describe the various individual communication...Ch. 11 - How can managers better manage their effectiveness...Ch. 11 - Which communication roles are most important in...Ch. 11 - Identify barriers to effective communication.Ch. 11 - How can barriers to effective communication be...Ch. 11 - How should Facebook respond to the 2014 research...Ch. 11 - Should the company promise to never again conduct...Ch. 11 - How can Facebook balance the concerns of its users...Ch. 11 - What processes or structures should Facebook...Ch. 11 - Respond in writing to the issues presented in this...
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